Skip to main content
  
Home  | Contact us  |

87.5% Stock/12.5% Bond Portfolio

Overview

Unit Price as of 05/14/2024 $17.01
Change $0.09 0.53%
Expense Ratio as of 05/14/2024 0.29%
Inception Date 03/23/2018

Investment Objective

The Portfolio seeks to provide capital appreciation and low to moderate current income.

Investment Strategy

The Portfolio invests in two Vanguard stock index funds and two Vanguard bond index funds, resulting in an allocation of 87.5% of its assets to stocks and 12.5% of its assets to investment-grade bonds. The percentages of the Portfolio's assets allocated to each Underlying Fund are:

Vanguard Institutional Total Stock Market Index Fund 52.50%
Vanguard Total International Stock Index Fund 35%
Vanguard Total Bond Market II Index Fund 8.75%
Vanguard Total International Bond Index Fund 3.75%

Through its investment in Vanguard Institutional Total Stock Market Index Fund, the Portfolio indirectly invests in large- mid-, small-, and micro-capitalization U.S. stocks. The Fund employs an indexing investment approach designed to track the performance of the CRSP US Total Market Index, which represents approximately 100% of the investable U.S. stock market. and includes large-, mid-, small-, and micro-cap stocks regularly traded on the New York Stock Exchange ("NYSE") and Nasdaq. The Fund invests by sampling the Index, meaning that it holds a broadly diversified collection of securities that, in the aggregate, approximates the full Index in terms of key characteristics.

Through its investment in Vanguard Total International Stock Index Fund, the Portfolio also indirectly invests in international stocks. The Fund employs an indexing investment approach designed to track the performance of the FTSE Global All Cap ex US Index, a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of companies located in developed and emerging markets, excluding the United States. The Index includes approximately 5,800 stocks of companies located in over 45 countries. The Fund invests all, or substantially all, of its assets in the common stocks included in its target Index.

Through its investment in Vanguard Total Bond Market II Index Fund, the Portfolio also indirectly invests in a broadly diversified collection of securities that, in the aggregate, approximates the Bloomberg Barclays U.S. Aggregate Float Adjusted Index in terms of key risk factors and other characteristics. The Fund employs an indexing investment approach designed to track the performance of the Index. The Index represents a wide spectrum of public, investment-grade, taxable, fixed income securities in the United States—including government, corporate, and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities—all with maturities of more than 1 year. The Fund maintains a dollar-weighted average maturity consistent with that of the Index, which generally ranges between 5 and 10 years.

Through its investment in Vanguard Total International Bond Index Fund, the Portfolio also indirectly invests in government, government agency, corporate, and securitized non-U.S. investment-grade fixed income investments, all issued in currencies other than the U.S. dollar and with maturities of more than 1 year. The Fund employs an indexing investment approach designed to track the performance of the Bloomberg Barclays Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged), which provides a broad-based measure of the global, investment-grade, fixed-rate debt markets. To minimize the currency risk associated with investment in bonds denominated in currencies other than the U.S. dollar, the Fund will attempt to hedge its foreign currency exposure. The Fund maintains a dollar-weighted average maturity consistent with that of the Index, which generally ranges between 5 and 10 years.

Investment Risks

Because it invests mainly in stock funds, the Portfolio is proportionately subject to stock market risk. Through its bond fund holdings, the Portfolio is subject to interest rate risk, credit risk, income risk, call risk, prepayment risk, liquidity risk, and extension risk. The Portfolio is also subject to country/regional risk, currency risk, emerging markets risk, investment style risk, currency hedging risk, nondiversification risk, index sampling risk, and derivatives risk.

Average Annual Returns - Updated Monthly as of 04/30/2024

Name 1 year 3 year 5 year 10 year Since Inception 03/23/2018
Name 87.5% Stock/12.5% Bond Portfolio 1 year 14.33% 3 year 2.87% 5 year 8.36% 10 year Since Inception 03/23/2018 8.40%
Name Direct Portfolio 87.5% Stock/12.5% Bond Composite** 1 year 15.03% 3 year 3.37% 5 year 9.06% 10 year Since Inception 03/23/2018 9.00%

**Consists of the CRSP US Total Market Index (52.50%), the FTSE Global All Cap ex US Index (35%), the Bloomberg Barclays U.S. Aggregate Float Adjusted Bond Index (8.75%), the Bloomberg Barclays Global Aggregate ex-USD Float Adjusted RIC Capped Index Hedged (3.75%). The Bloomberg Barclays U.S. Aggregate Float Adjusted Bond Index replaced the Barclays U.S. Aggregate Bond Index on December 31, 2009. Effective September 29, 2016, Barclays indexes were rebranded to Bloomberg Barclays indexes. The CRSP US Total Market Index replaced the MSCI US Broad Market Index (on January 15, 2013), which had replaced the Dow Jones Wilshire 5000 Index (on April 22, 2005). The FTSE Global All Cap ex US Index replaced the MSCI ACWI ex USA IMI Index (on June 3, 2013), which had replaced the MSCI EAFE + Emerging Markets Index (on December 16, 2010).

Annual Investment Returns

Year Ended 87.5% Stock/12.5% Bond Portfolio
Year Ended 2023 87.5% Stock/12.5% Bond Portfolio 19.50%
Year Ended 2022 87.5% Stock/12.5% Bond Portfolio -17.41%
Year Ended 2021 87.5% Stock/12.5% Bond Portfolio 15.68%
Year Ended 2020 87.5% Stock/12.5% Bond Portfolio 16.71%
Year Ended 2019 87.5% Stock/12.5% Bond Portfolio 25.11%

Historical Prices

05/15/2024 $17.18
05/14/2024 $17.01
05/13/2024 $16.92
05/10/2024 $16.91
05/09/2024 $16.89
05/08/2024 $16.81

Search for more historical price information

* This Portfolio is only available within the Age-Based Options and not as a stand-alone Portfolio.

The above investment information is provided directly by The Vanguard Group and is not independently verified by CollegeInvest.

Index performance is provided as a benchmark but is not illustrative of any particular investment. An investment cannot be made in an index.The performance data shown represents past performance. Past performance - especially short-term past performance - is not a guarantee of future results. Investment returns and principal value will fluctuate, so that investors' units, when sold, may be worth more or less than their original cost. Current performance may be higher or lower than the performance data cited. For performance data current to the most recent quarter-end. Click here

For more information about the CollegeInvest Direct Portfolio College Savings Plan, click here to obtain a Plan Disclosure Statement and Participation Agreement (PDS). Investment objectives, risks, charges, expenses, and other important information are included in these documents; read and consider them carefully before investing.

If you are not a Colorado taxpayer, consider before investing whether your or the designated beneficiary's home state offers any state tax or other benefits that are only available for investments in such state's qualified tuition program. Other state benefits may include financial aid, scholarship funds, and protection from creditors.

The CollegeInvest Direct Portfolio College Savings Plan is administered and issued by CollegeInvest. Vanguard Marketing Corporation, Distributor.

Investments in the CollegeInvest Direct Portfolio College Savings Plan are not guaranteed by the State of Colorado, CollegeInvest, or any other governmental entity, the Vanguard Group, Inc. or Ascensus Broker Dealer Services, LLC., or their affiliates, and may lose value including the principal amount invested.

CollegeInvest is the issuer of plan securities and is the trustee of the plans in accordance with Colorado law. CollegeInvest also oversees the Managers' activities and provides certain administrative services, such as marketing, audit, and financial statements, in connection with the plans.

Ascensus Broker Dealer Services, LLC. and Ascensus College Savings Recordkeeping Services, LLC serve as Plan Managers for the CollegeInvest Direct Portfolio College Savings Plan and have overall responsibility for the day-to-day operations. The Vanguard Group, Inc. also serves as Plan Manager and Investment Manager for the CollegeInvest Direct Portfolio College Savings Plan and Vanguard Marketing Corporation, an affiliate of The Vanguard Group, Inc., assists CollegeInvest with marketing and distributing the Direct Portfolio College Savings Plan.

The Plan's portfolios, although they invest in Vanguard mutual funds, are not mutual funds and you could lose money by investing in the plan.

CollegeInvest and the CollegeInvest logo are registered trademarks. Vanguard is a trademark of The Vanguard Group, Inc. Upromise is a registered service mark of Upromise, Inc.